Common use of Proposed Variations Clause in Contracts

Proposed Variations. (a) The Customer may give the Supplier written notice of a proposed Variation. (b) The Supplier must as soon as practicable after receiving such notice, notify the Customer whether the proposed Variation can be effected, together with, if it can be effected, the Supplier's estimate of the: (i) effect on the Delivery Date, and (ii) cost (including all time-related costs and services, if any) of the proposed (c) The Customer may direct the Supplier to give a detailed quotation for the proposed (d) The Supplier's reasonable costs for each compliance with this subclause 21.1 are to be treated as moneys payable to the Supplier. (e) If the Customer accepts the Supplier's quotation, then the Supplier must make the Variation and the Customer must pay the quoted amount as an increase to the Purchase Price. If the Customer considers that the Supplier's quotation for the Variation is unreasonable having regard to prevailing market prices or rates, the Customer may trigger the dispute resolution procedures under clause 26. If the Customer fails to accept the Supplier’s quotation within 30 days from the date of the quotation, it will be deemed to have been rejected by the Customer.

Appears in 2 contracts

Sources: Material Supply Agreement, Material Supply Agreement